CEIOPS has issues with risk
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has written a paper on risk management.
Issues Paper on Risk Management and Other Corporate Issues looks at how European insurance companies should manage risk once the Solvency II regulatory framework is introduced.
CEIOPS said: “As part of its preparation for future work under the Solvency II project, CEIOPS has on its own initiative developed high-level principles and minimum qualitative requirements, which could form the basis for a risk and governance structure of undertakings. This paper sets out some of those principles.”
CEIOPS
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